Financial Statements for magicjack vocaltec ltd (VOC)

Year over year, magicJack VocalTec Ltd. has seen revenues fall from $143.5M USD to $116.3M USD. In addition, the company has been unable to reduce the percentage of sales devoted to cost of goods sold, SGA expenses and income tax expenses. This has led to a reduction in the bottom line from $70.3M USD to $3.8M USD.

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